Best Life Insurance in High Point, NC (November 2024)

For men in High Point, North Carolina, Mutual of Omaha is the best life insurance provider, with a MoneyGeek score of 91 and an average monthly premium of $25. For women, Protective is the top provider, with a MoneyGeek score of 92 and an average monthly premium of $17. These scores and premium costs are based on a 20-year term policy with $500,000 coverage.

When deciding on life insurance, consider different factors such as affordability, customer satisfaction and financial stability. Your unique needs may mean a different company is best for you.

Mutual of Omaha offers the best life insurance in High Point for men with a MoneyGeek score of 91 at $25 per month. For women, Mutual of Omaha leads with a MoneyGeek score of 92 at $17 per month.

Top providers for men:

• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $25 per month for men
• Protective: MoneyGeek score of 91 out of 100 at $25 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $17 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $22 per month for women

Choosing the right life insurance is crucial for financial security. Protective and Mutual of Omaha stand out with high scores and reasonable premiums, making them ideal choices for individuals seeking reliable coverage in High Point. Their strong customer satisfaction and financial stability scores ensure peace of mind for policyholders.

For men seeking the (https://www.moneygeek.com/insurance/life/best/term/) in High Point, Mutual of Omaha stands out with a MoneyGeek score of 92 and a monthly premium of $11. Women find their top provider in Protective, with a score of 91 and a monthly premium of $9.

The top two term life insurance companies for men are:

• Mutual of Omaha: MoneyGeek score of 92 out of 100 at $11 per month for men
• Protective: MoneyGeek score of 91 out of 100 at $12 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 91 out of 100 at $9 per month for women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $10 per month for women

Term life insurance offers coverage for a specified period, providing a death benefit if the insured passes away during the term. It is often chosen over permanent life insurance for its affordability and simplicity. For instance, a parent might opt for term life insurance to ensure their child's educational expenses are covered until graduation.

Protective offers the best whole life insurance in High Point, with a MoneyGeek score of 92 for both men and women. Here are the top performers in High Point, according to MoneyGeek scores:

• Protective: MoneyGeek score of 92 out of 100 for men and women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 for men and women

Whole life insurance provides lifelong coverage and includes an investment component that can grow over time. Someone might choose whole life insurance to ensure their family's financial stability while also building cash value that can be borrowed against in the future.

Protective offers the universal life insurance in High Point for both men and women, with a MoneyGeek score of 91. The top two providers, based on MoneyGeek scores, are as follows.

• Protective: MoneyGeek score of 91 out of 100 for men and women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men and women

Universal life insurance offers a flexible premium and death benefit, along with the potential to build cash value over time. For instance, someone who wants the ability to adjust their premiums and coverage as their financial situation changes might opt for universal life insurance over more rigid policies.

In High Point, Protective offers the best life insurance without the hassle of a mandatory medical exam for both men and women, with a MoneyGeek score of 91.

• Protective: MoneyGeek score of 91 out of 100 for men and women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men and women

Life insurance without a medical exam allows individuals to obtain coverage quickly and without the need for a medical checkup. This can be particularly beneficial for those with health concerns or who require immediate coverage. For instance, someone with a chronic condition might opt for no-medical-exam insurance to avoid the possibility of being denied coverage or facing higher premiums.

In High Point, Mutual of Omaha provides the best term life insurance for seniors among men, with a MoneyGeek Score of 92 and an average monthly premium of $42. For women, Protective leads with a MoneyGeek Score of 91 and a monthly premium of $37.

Age significantly influences life insurance premiums, as older individuals typically face higher rates due to increased health risks. The high scores of Mutual of Omaha and Protective reflect their strong financial stability, customer satisfaction and product diversity.

Mutual of Omaha offers the best term life insurance for smokers in High Point, with a MoneyGeek score of 91 for men and 89 for women, with average monthly premiums of $23 and $22, respectively.

Smoking significantly influences life insurance costs due to the heightened health risks associated with tobacco use, leading insurers to charge higher premiums. Mutual of Omaha achieves the highest MoneyGeek score, indicating a strong balance between affordability, customer satisfaction, financial stability and product diversity.

For the best term life insurance for young adults in High Point, Mutual of Omaha scores the highest for men with a MoneyGeek Score of 92 and an average monthly premium of $7. For women, Protective leads with a MoneyGeek Score of 92 and an average monthly premium of $5.

Age plays a significant role in determining life insurance premiums, with younger adults typically enjoying lower rates due to their lower risk profile. Mutual of Omaha and Protective excel in affordability, customer satisfaction and financial stability, making them top choices for young adults seeking term life insurance in High Point.

For men, Mutual of Omaha offers the best cheap term life insurance in High Point with a MoneyGeek Score of 92 and a monthly premium of $11. For women, Protective ranks highest with a MoneyGeek Score of 91 and a monthly premium of $9. Mutual of Omaha and Protective excel due to their affordability, customer satisfaction and financial stability.

Age, health, coverage amount, and term length are factors affecting life insurance premiums. Maintaining good health and comparing quotes can help secure lower premiums.

The average cost of term life insurance in High Point is $17 per month for women and $22 per month for men.

Several factors affect life insurance premiums, including age, health and lifestyle. Younger, healthier individuals often pay lower premiums.

Due to local economic conditions, health statistics and regional insurance regulations, the cost of life insurance in High Point may be higher or lower than in other parts of North Carolina. For instance, areas with higher health care costs or poorer health outcomes might see higher premiums.

Understanding these factors can help consumers make better decisions when purchasing life insurance. By considering local conditions and personal health, individuals can find the best coverage for their needs.